Tagged: wal-mart stores inc.

Wal-Mart Stores Inc. of Bentonville says it lost its latest appeal in a class-action lawsuit filed against it in 2002, which will affect earning per share from continuing operations in the fourth quarter of fiscal 2015.

Wal-Mart Stores Inc. of Bentonville on Wednesday announced another executive change at its U.S. stores division. Judith McKenna has been promoted to COO of Walmart U.S. She will report to Greg Foran, who took over as CEO of Wal-Mart's U.S. stores in August.

Kohl’s was ranked second in the country behind Wal-Mart for the most installed solar capacity in a report release in October by the Solar Energy Industries Association, and Ikea was recognized for having the highest percentage of its stores with a solar array.

Where Wal-Mart goes, others tend to follow. Wal-Mart is committed to using 100 percent renewable energy by 2020. To achieve that goal, the world’s largest company has invested heavily in solar energy, an investment that, because of Wal-Mart’s size, has transformed the solar energy industry.

Cameron Smith, whose efforts to place women on corporate boards of directors was the subject of a front-page story last week, says it’s not always easy persuading denizens of New York and Silicon Valley to move to Vendorville, the Bentonville-Rogers-Springdale-Fayetteville metroplex that’s home to 1,390 suppliers to Wal-Mart Stores Inc.

Tracy Morgan is fighting to recover from a severe brain injury suffered in a highway crash more than five months ago, and it's unknown if the actor-comedian will be "the Tracy Morgan he once was," his lawyer said Tuesday.

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Wal-Mart Stores Inc. reported its fiscal third-quarter earnings slipped 1.5 percent but it eked out its first gain in nearly two years in a key revenue measure for its U.S. business. Still, the quarter also marked two full years of traffic declines at U.S. Wal-Mart stores.

The battle over mobile payment platforms is heating up. On one side is Apple Pay, which launched Oct. 20 and encourages users to pay for merchandise with Apple’s iPhone 6 and 6 Plus. Its rival is the payment system backed by Wal-Mart Stores Inc. of Bentonville and about 50 other retailers: CurrentC, created by a joint venture called MCX, the Merchant Customer Exchange of Boston.